IMI plc (LON:IMI) has been given a consensus recommendation of “Hold” by the fifteen brokerages that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 1,225.45 ($16.01).

Several equities research analysts have issued reports on the stock. Morgan Stanley decreased their price target on shares of IMI from GBX 1,290 ($16.86) to GBX 1,240 ($16.20) and set an “overweight” rating on the stock in a research note on Wednesday. Deutsche Bank decreased their price target on shares of IMI from GBX 1,475 ($19.27) to GBX 1,185 ($15.48) and set a “buy” rating on the stock in a research note on Friday, November 9th. Royal Bank of Canada assumed coverage on shares of IMI in a research note on Tuesday, November 20th. They set a “sector performer” rating and a GBX 1,010 ($13.20) price target on the stock. Liberum Capital cut shares of IMI to a “sell” rating in a research note on Thursday, November 8th. Finally, Peel Hunt reaffirmed an “add” rating on shares of IMI in a research note on Thursday, November 8th.

LON IMI traded down GBX 38 ($0.50) during trading hours on Monday, reaching GBX 916.50 ($11.98). The company’s stock had a trading volume of 399,295 shares, compared to its average volume of 997,118. IMI has a fifty-two week low of GBX 1,093 ($14.28) and a fifty-two week high of GBX 1,453 ($18.99).

IMI Company Profile

IMI plc designs, manufactures, and services engineered products that control the precise movement of fluids worldwide. The company's IMI Critical Engineering division offers critical flow control solutions. It provides anti-surge valve and actuator systems to liquefied natural gas compression facilities; integrated flow control systems for critical applications in fluid catalytic cracking; valves into the ethylene and polypropylene production processes, as well as delayed coking; actuation systems to operate industrial valves; and turbine by-pass valves for conventional and nuclear power plants.

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Analyst Recommendations for IMI (LON:IMI)

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